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Sustainability News for Technology Partners: 14 February 2023

February 14, 2023 by Joe Panettieri

Good morning. Here is the latest news, research and market analysis that sustainable technology partners need to know for Tuesday, February 14, 2023.

1. Funding - ESG Software: Workday Ventures has invested in ESG software platform provider pulsESG.

2. Smart Buildings - IoT Monitoring: Delta has demonstrated an ecosystem of IoT-based Smart Green Solutions, the company said. The platform can transform HVAC, LED lighting and other building platforms into intelligent, eco-friendly and human-centric infrastructure, Delta asserted.

3. Partnership - Sustainable Cities: Sustainable development consultancy Arup will invest up to US$300,000 a year to help C40 drive resilience and decarbonization in cities around the world. C40 is a global network of mayors who are working to address climate change.

4. Sustainability Consulting: Boston Consulting Group has launched a climate and sustainability hub in the Middle East.

5. Partnership - Financial Services Carbon Credits: Cloverly and ecolytiq are partnering to equip financial institutions with the ability to offer verified carbon credits, the two companies said.

6. Energy Tax Credits: The U.S. Treasury will open applications on May 31, 2023 for $4 billion worth of new tax credits for advanced energy manufacturing and decarbonization projects, with $1.6 billion of those required to be in communities hit by closures of coal mines or coal-fired power plants, Reuters reported.

7. Carbon Credit Review: Running Tide has hired Deloitte to review key components of Running Tide's carbon removal system towards the generation of high quality carbon removal credits.

8. Carbon Offset Concerns: A climate-change focused group of investors managing assets worth $39 trillion said it’s advising its members that carbon offsets shouldn’t be the primary solution to greening their portfolios, Bloomberg reported. The warning came from AIGCC (the Asia Investor Group on Climate Change).

9. Carbon Measurement Dashboard: ShiftCarbon (formerly TraceSafe) has upgraded Offset -- an IoT monitoring platform -- to include the Carbon Transparency Hub. The new feature allows companies to display their climate impact to their customers and stakeholders, ShiftCarbon asserted.

10. Request for Proposals: Climate Vault issued a Request For Proposal (RFP) of 2023 to identify, assess, and award funds to emerging carbon dioxide removal (CDR) technologies, the non-profit organization said.

11. ESG Shortcomings: Half of chief procurement officers (CPOs) lack board-level buy-in for ESG (environmental, social and governance) initiatives, according to Efficio.

12. Gas Car Ban: The European Parliament has formally approved a law to effectively ban the sale of new petrol and diesel cars in the European Union from 2035, aiming to speed up the switch to electric vehicles and combat climate change, Reuters reported.

Got news to share? Email the details to Sustainable Technology Partner Editorial Director Joe Panettieri.

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